Foreign direct investment (FDI) inflows amounted to a record US$ 9.3bn in the Czech Republic last year, which is the highest sum per capita in Central and Eastern Europe, according to a UN report on world investments.
The Czech Republic ranks 19 in a worldwide comparison, and sixth among countries with the highest increase in investment. According to Martin Jahn, the CEO of Czech government agency CzechInvest, the Czech Republic was increasingly attractive for investment based on know-how and high value added. The country used to be a destination mainly for foreign companies processing raw materials, while the newcomers invest more in science and research.
